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Flease show your calculattons where possionc Score Name: Each multiple choice is worth 3 points: 1) Which of the following is included in the category

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Flease show your calculattons where possionc Score Name: Each multiple choice is worth 3 points: 1) Which of the following is included in the category of other receivables? A) interest receivable B) accounts receivable C) notes receivable D) investments 2) Which of the following is a disadvantage when a business accepts credit cards or debit ca from customers? A) The business bears the responsibility of collecting cash from the customer. B) The business bears the risk of nonpayment by the customer. C) The business pays a processing fee. D) The business checks customers' credit ratings. 3) When a business factors its accounts receivables, the business A) uses the receivables as security for a loan B) no longer has to deal with the collection of the receivables from the customers C) receives the the total amount of the receivables from the factor D) receives cash, less an applicable fee, after the factor collects from the customers 4) The following information is from the records of Armadillo Camera Shop $80,000 (debit Accounts receivable, December 31, 2017 Net credit sales for 2017 Accounts written off as uncollectible durin Cash sales during 2017 2017 18,00 42,000 The company uses the direct write-off method for bad debts. What is the amount of bad deb expense? A) 580,000 B) $42,000 C) $65,000 D) $18,000

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